Call reports 2002
PROFINIUM, INC. — 2002
What PROFINIUM, INC. reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 45,061,000 | 47,218,000 | 50,418,000 | 51,012,000 |
| Total loans | 39,654,000 | 41,050,000 | 42,737,000 | 42,524,000 |
| Allowance for loan losses | 484,000 | 500,000 | 565,000 | 565,000 |
| Securities available for sale | 3,124,000 | 3,024,000 | 2,742,000 | 2,317,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,677,000 | 41,716,000 | 45,307,000 | 45,963,000 |
| Interest-bearing deposits | 33,074,000 | 37,251,000 | 40,356,000 | 39,198,000 |
| Noninterest-bearing deposits | 5,603,000 | 4,465,000 | 4,951,000 | 6,765,000 |
| Equity capital | 4,409,000 | 4,533,000 | 4,604,000 | 4,595,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 856,000 | 1,704,000 | 2,568,000 | 3,404,000 |
| Interest expense | 297,000 | 580,000 | 890,000 | 1,199,000 |
| Net interest income | 559,000 | 1,124,000 | 1,678,000 | 2,205,000 |
| Noninterest income | 50,000 | 101,000 | 165,000 | 217,000 |
| Noninterest expense | 365,000 | 742,000 | 990,000 | 1,351,000 |
| Provision for loan losses | 0 | 30,000 | 230,000 | 435,000 |
| Pretax income | 244,000 | 453,000 | 623,000 | 636,000 |
| Income tax | 5,000 | 13,000 | 18,000 | 23,000 |
| Net income | 239,000 | 440,000 | 605,000 | 613,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,317,000 | 4,422,000 | 4,491,000 | 4,496,000 |
| Total capital | 4,801,000 | 4,922,000 | 5,056,000 | 5,052,000 |
| Risk-weighted assets | 41,548,000 | 42,507,000 | 44,975,000 | 44,452,000 |